Yes, Amazon stock has fallen nearly 11% in the last five trading sessions, and more than 21% in 2016 already.
But we remain bullish on the Amazon stock price for one major reason. This one major catalyst is part of the reason Amazon has become a $250 billion company, and why the stock has climbed more than 1,200% in the last 10 years.
First, here's why the Amazon stock price was dropping earlier this morning...
Yes, Amazon stock has fallen nearly 11% in the last five trading sessions, and more than 21% in 2016 already.
But we remain bullish on the Amazon stock price for one major reason. This one major catalyst is part of the reason Amazon has become a $250 billion company, and why the stock has climbed more than 1,200% in the last 10 years.
First, here's why the Amazon stock price was dropping earlier this morning...
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Amazon.com Inc. (Nasdaq: AMZN) posted a big earnings miss yesterday (Thursday), and the Amazon stock price dropped more than 15% today to an intraday low of $570.
Panicked investors are missing a major reason to remain bullish on the Amazon stock price even though earnings disappointed.
But first, here's why the Amazon stock price is dropping today...
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Here are this week's need-to-know facts about the stock market, economy, Wall Street, and life-changing global events...
It's the numbers that count in this crazy world. They can tell stories that words sometimes can't.
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Retail giant Amazon.com Inc. (Nasdaq: AMZN) tends to win even the most damning court cases, which is bad news for obvious crooks on Fiverr.com.
You see, the online retail giant is taking over 1,000 fake reviewers to court in order to save the company's reputation and integrity, just days ahead of AMZN earnings.
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Hot on the heels of its controversial "Prime Day," Amazon.com Inc. (Nasdaq: AMZN) announced earnings after closing bell Thursday, July 23 - and it was a doozy...
The historic report sent Amazon stock soaring more than 17%, pushing the company's net worth well past that of the world's largest retailer, Wal-Mart Stores Inc. (NYSE: WMT).
Here are the need-to-know highlights in Amazon earnings for Q2 2015...
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Impressive sales but inconsistent profits have been the story of AMZN earnings the last few years.
Today's (Thursday) Q4 report is no different...
Amazon.com Inc.'s (Nasdaq: AMZN) sales increased 15% compared to last quarter, but profit dropped again from the same period a year ago - just not as much as expected.
Here's the key to Amazon's lack of net income - and how investors can play AMZN stock right now...
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If you're asking, "Should I buy Amazon stock right now?," you're not alone. With so little cash flowing to its bottom line, the online retail giant has many investors confused.
Here's how our tech expert said he'd play AMZN on FOX Business' "Varney & Co." on Wednesday...
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Stock market today, Oct. 24, 2014: The stock market today (Friday) will feel pressure from a new Ebola case in New York.
AMZN, MSFT, and these 5 other top stories are what to watch today...
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Amazon (Nasdaq: AMZN) stock was up all day ahead of Thursday's earnings release, set for after market close.
Here's what to ignore, the top 3 details to watch, and our takeaway for investors...
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After closing up 0.13% on Thursday, Amazon stock (Nasdaq: AMZN) plummeted more than 7.5% after hours when it reported a miss on its Q2 2014 earnings.
We said to look for AMZN stock to keep tumbling, and it sure has. On Friday morning, shares were down 11.03% at 10 a.m. EDT.
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Amazon (Nasdaq: AMZN) stock surged to finish up 3.87% at close today (Thursday) ahead of its Q1 2014 earnings reveal. Shares continued to rally in after-hours trading, up another 0.8 % around 4:45 p.m. EDT.
"I don't care whether Amazon misses today, I just care that it's the company's status quo," Money Morning Chief Financial Strategist Keith Fitz-Gerald said. "With Amazon, I'll take anything but no big surprises - only if there's a big surprise will I be concerned."
Fitz-Gerald was keen to watch two areas in the company's release today to hint at Amazon's future profitability: Amazon's shipping model, and its sales.
Here's how the company did - and how investors should react based on today's earnings...
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While the pundits try to figure out how Amazon's new Fire TV stacks up to competition like Apple TV and Roku, Amazon is looking forward to how much it will fatten its bottom line. Amazon knows FIre TV will make gobs of money because
it has seen this movie before...
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Amazon.com stock (Nasdaq: AMZN) stands to get a boost from a move it implemented this morning (Thursday). We'll call it "Operation Prime."
Around 8:30 a.m. EST, Amazon Prime members received the following email, notifying them of a 25% price increase from $79 per year to $99 per year, effective upon membership renewal.
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Amazon.com Inc. (Nasdaq: AMZN) stock has dropped 10% today (Friday) prompting the Nasdaq to implement a short-sale restriction on the stock.
The short-sale restriction is triggered when a stock falls 10% in one trading session from the previous session's closing price. The restriction aims to prevent share-price manipulation by short sellers.
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Today's stock market news, Jan. 31: U.S. markets rose on Thursday, Facebook Inc. (Nasdaq: FB) reported strong earnings, and fourth-quarter GDP increased 3.2%. The Dow Jones Industrial Average rose 0.7% to 15,848, and the Standard & Poor's 500 Index jumped 1.1% to 1,794. U.S. stock futures were down Friday before the bell after Eurozone inflation levels unexpectedly fell by 0.7%.
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